National Steering Committee books another record CIM Auction

The National Steering Committee for the Concrete Industry Management program reports $1.74 million-plus in gross revenue from its annual auction, staged during World of Concrete 2022 at the Las Vegas Convention Center. Fueling the record kitty were winning bids for an Kenworth T880-mounted Alliance boom pump; Mack Granite-mounted McNeilus mixer; Con-Tech Mfg. High Performance Mixer package; Somero S-485 Laser Screed;…

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Martin Marietta, SRM Concrete ink Colorado, Texas plant deal

Sources: Martin Marietta Materials Inc., Raleigh, N.C.; CP staff Martin Marietta Materials projects a March 31 closing for the sale of an unspecified number of central Texas and Colorado ready mixed concrete operations to Smyrna Ready Mix Concrete LLC. Martin Marietta has legacy ready mixed plants in San Antonio, with additional central Texas sites added in 2014 as part of…

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Martin Marietta veteran Zais named Burnco Rock CEO

Sources: Burnco Rock Products Ltd., Calgary; CP staff Burnco Rock Products has appointed Tom Zais as chief executive officer, responsible for ready mixed concrete and aggregate businesses in Alberta, Colorado and Texas. He arrives from Martin Marietta Materials, where he served as Texas-based regional vice president – Ready Mix. That position followed vice president and general manager roles with Texas…

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How the Pandemic Changed Ready-Mix: A Look Back

BY VICTORIA K. SICARAS Although not completely on the other side of the pandemic, we each have our own set of lessons learned since March 2020. Like many in the ready-mix industry, the Martin Marietta Rocky Mountain Ready Mix District’s journey to a new normal began when office employees faced a transition from working on premises to working at home, virtually…

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Vulcan dives deep into ready mixed with U.S. Concrete deal

Sources: Vulcan Materials Co., Birmingham, Ala.; U.S. Concrete Inc., Euless, Texas; CP staff Vulcan Materials and U.S. Concrete have entered into a definitive merger agreement projected to close the second half of 2021. The former will acquire all U.S. Concrete common stock for $74 in cash, representing a total equity value of just under $1.3 billion. The agreement sets the stage for…

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Martin Marietta blazes Pacific trail in Lehigh Hanson West deal

Sources: Martin Marietta Materials, Raleigh, N.C.; HeidelbergCement AG, Germany; CP staff Martin Marietta will significantly boost its West Coast presence in a $2.3 billion cash deal for the bulk of Lehigh Hanson West Region operations in Arizona, California, Nevada and Oregon. Anchoring the asset package are the Lehigh Cement Redding and Tehachapi, Calif. plants, with combined annual capacity upward of…

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Transportation funding ballot measures prevail coast to coast

Voters in 18 states approved a record 94 percent of state and local ballot initiatives on Election Day 2020, providing an additional $14 billion in one-time or recurring revenue for transportation improvements throughout the country. The American Road & Transportation Builders Association Transportation Investment Advocacy Center finds that voters approved 303 of 322 initiatives before them on November 3—the highest…

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Former DOT chief Foxx named Martin Marietta director

Source: Martin Marietta Materials Inc., Raleigh, N.C. Anthony Foxx, who was approved in 100-0 U.S. Senate vote to serve as Department of Transportation Secretary throughout President Obama’s second term (2013-2017), has joined the 11-member Martin Marietta Board and its Finance Committee. A single term (2009-2013) as Charlotte, N.C. mayor propelled Foxx to national public and private sector roles.

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